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Kenan's Deluxe Combo Indicator StrategyThis is a combo strategy of sorts. I've been able to come up with this strategy after a lot of research. Under Normal circumstances, when people look at dozens of indicators and they all signal, they open positions. So I decided to save people the trouble and put the major indicators together in a strategy. All of the classic cross strategies usually give a lot of signal. Some of these signals are unnecessary and incorrect signals. Combining leading indicators. I tried to avoid the faulty signals. Indicators and oscillators included in this strategy are: 1. Ema 5/13/21 2. Macd 3. Macd Dema 4. Ichimoku 5. Dmi 6. Stochastic 7. Aroon 8. Bollinger Band 9. Rsi 10. Chande Momentum Oscillator 11. Exponential Ease of Movement ( Eom ) 12. Klinger Oscillator 13. Stochastic RSI 14. Ultimate Oscillator 15. Woodies CCI 16. Rate Of Change Lenght( Roc ) oscillator 17. WaveTrend Oscillator . It was created by @fskrypt. 18. Ehlers Adaptive CG Indicator . It was created by @LazyBear 19. Insync Index. It was created by @LazyBear This script works by listening to the indicators and oscillators above. Opens new position after receiving signal verification signal from all So how does this strategy close your position (optional). 1. You can close the position with the trailing stop option. 2. You can close the position according to the Rsi limits. To give an example. After a long position is opened, you can close the position after the rsi has risen above 70. 3. You can close the position according to the Bollinger Band . After a position is opened, you can close the position after the price moves out of the bollinger Band . You can also change the values of indicators as desired. If you get better results. I would appreciate it if you could contact me via comment or private message. I set the commission rate at 0.075 percent. If you want, you can change the settings yourself and make backtest.I changed the default settings for some indicators.
Strategia Pine Script®
di patron04
25
TradeChartist Plug and Trade™TradeChartist Plug and Trade is an extremely useful indicator that can be connected to almost any Study script (not a Strategy) on Trading View (with an Oscillatory or Non-Oscillatory Signal plot) to generate Trade Signals with Stop Loss plot, user set or automatic Target plots and create Alerts based on Past Performance, determined by Past Gains/Drawdowns for each Trade. The indicator is packed with a lot of features including TradeChartist's signature Dashboard and Real-time Gains Tracker, Automatic Targets Generator, Take Profit recommendation, option to paint price bars based on Trade/Price Trend, 3 types of Stop Loss plots to choose from, with option for user to set fixed Target to take profits. 1. How does ™TradeChartist Plug and Trade connect to another Study script/indicator signal? Plug and Trade is elegantly designed with simplicity in mind, without compromising on functionality, so any trader - beginner to advanced, can just plug an external signal to the indicator with ease by just following these simple steps. Add to price chart, the Indicator along with the signal plot to be tested and assessed for performance. Plug the signal into ™TradeChartist Plug and Trade by choosing it from the Plug Signal Here drop-down. Choose Signal type as Oscillatory if signal oscillates between set values or crosses a certain value periodically (Example: RSI, CCI, TRIX etc that are mostly not overlayed on Price chart and may be in a separate pane from price chart as it may not fit on Price scale), Choose Signal Type as Non Oscillatory if the signal can be plotted on price scale and Trades are normally generated when price crosses above or below it (Moving Averages, SAR indicators like SuperTrend, etc.). For oscillators, default Oscillator value for Trade Signals is 0 as most Oscillators have 0 as their mid point. The value can be changed if the Signal doesn't oscillate with 0 as its mid point. For example, if the connected Signal is RSI, the values can be changed to Upper and Lower band values to generate Trade Signals. Plot the Signal on chart if the signal is Non Oscillatory. 2. How can the plugged Signal's performance be assessed using ™TradeChartist Plug and Trade and subsequently used for generating Trade Entries and to create Alerts? Once the Signal is plugged into the indicator based on steps above, Plug and Trade automatically plots the Trade entries based on the Signal type. Plot Trade Entries after Bar Close from settings can be checked for signals that do not confirm until bar close. By doing this, repainting can be avoided for most signals and true performance can be assessed. Also, alerts can be created using Once Per Bar rather than Once Per Bar Close . The real-time Gains Tracker and Dashboard are useful in tracking gains and other useful indicator values like RSI, Stoch, ATR and EMA in real-time with price movement. Enabling Past Performance from settings will plot Maximum Gains achieved and Maximum Drawdown for each trade as labels . Trading View only plots finite number of labels and old labels are deleted automatically. But to access past performance beyond the last available label, bar replay can be used. User can choose from 3 types of Stop Losses from the settings - Fixed %, Trailing % and ATR Stop Loss namely and a Fixed TP % to create plots on price chart and to create alerts. If the user prefers automatic targets based on Trade entries, Recommend Targets can be enabled from the settings. The automatic targets are generated at the time of Trade Entry, along with Target prices and % which turn green when hit. Each BUY and SELL Trade are tracked in its entirety and the highest high since BUY and lowest low since SELL are plotted on the price chart and also displayed on the Plug and Play Dashboard Choppiness can be easily spotted if there are numerous Past Performance labels or several Trade Entries around a short timeframe on chart. This may mean that the signal needs smoothing or may not be suitable for the asset to trade on the chart timeframe. Suitability of a Study script for the asset can be determined in many ways using this indicator. 3. What other features are included in ™TradeChartist Plug and Trade? Enabling Spot Price Bars to take Profit option from settings automatically plots $ sign above/below candles where Profit taking is recommended or Stop Loss moved to secure profits/reduce loss. Enabling Paint Price Bars with Trade Trend paints price bars with colors that help picture Trade/Price trend. Trend spotting using this works best with (bars/hollow candles/candles with no border) on dark background. Both features work on Price chart even without any Signal plugged in. =================================================================================================================== Example Charts using different Signals plugged into ™TradeChartist Plug and Trade 1. RSI Signal (Oscillatory) plugged in with >60 for BUYs and <40 for SELLs - BTC-USDT on 1hr 2. PowerTracer Signal (Oscillatory) plugged in - GBP-USD 1hr 3. 55 period VWMA Signal (Non Oscillatory) plugged in - ADA-USDT 4hr 4. RSI Signal (Oscillatory) plugged in with >70 for BUYs and <30 for SELLs - SPX 1hr with Trailing SL - 3% and TP - 2% =================================================================================================================== This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator) Premium Scripts - Trial access and Information Trial access offered on all Premium scripts. PM me directly to request trial access to the scripts or for more information. ===================================================================================================================
Indicatore Pine Script®
di TradeChartist
11
15 SquidwardsThis is a unfinished script and ONLY works on 15min and XBTUSD, its not tested for other exchanges and it gives different results there from what I saw! The things I wanted to Implement but Im too lazy for it bcs I dont use indicators anyways: Divergences - would take allot of time to make it work, but it would fix some issues with this loosing or gaining support - higher timeframe lost supports or gained supports should make the indicator ignore the next longs until it dumps a certain %, but I did not find a way to make a script that detects S/R the way I want Auto adjusting - the indicator is sensitive in what market phase it is, I tried to filter out the inaccurate market phases, but if it was auto adjusting I would not have to do that, not sure how well can you make it auto adjust but it would certainly help to a extent The mods did not allow me to put a password on the script so here you go, just dont come at me screaming how you lost money, thank you <3 And almost forgot Modified again by Deppengu for 15min scalps by implementing: Modified Wavetrend, Squid Indicator V2(Woody CCI, TTM, GODMODE, RSI), Intrabar Volume, and a few filters and modifications
Indicatore Pine Script®
di UnknownUnicorn5584112
2
Market Sniper - Trading/Scalping SuiteWelcome to Market Sniper. Market sniper is meant to be a suite for trading/scalping alongside my indicators script, RSI, Stochastic and Horizontals. It is based on over 15 Indicators/Oscillators so there is no need for convoluted charts and constantly changing charts/indicators for a better understanding of the market. Warnings: I can't stress this enough! This isn't a magic pill that will transform your illiterate grandmother into an expert trader! This is a very powerful tool whose function is to complement your trading/save time (and yes, with practice be your main trading tool). This algorithm requires setting up and training to be used correctly, please do not expect to load it up and immediately be scalping the 1s charts. This algorithm is heavy and might require constant refreshes of the browser on slower computers. Labels overlap at the moment, working on this part at the moment. So, always zoom in before doing a trade / change the "+- signals in settings" Candlestick patterns need tweaking, I personally have it off and use my own judgement atm. What it includes: Trend reversal / continuation (Macd, Stochastics, money flow , CCI , momentum, DIOSC (automatic trendlines ), SuperTrend, Moving averages, etc, etc.) RSI divergence drive / drive counter (base code from Libertus, check his profile as he has very helpful scripts) Bull Market expansions for longterm take profit and increasing position Candlestick patterns Trend reversal / Continuation Green = Bullish reversal Red = Bearish trend reversal Orange = Trend continuation / strengthening Trend Continuation/Strengthening A warning here, trend strengthening also means that many times the indicators are overextended or close to it ------ The numbers reflect the amount of indicators that are signaling a reversal over the specified period on the settings. For higher timeframes this setting should be on a lower value and the opposite for lower timeframes. This works on every market and every timeframe(according to months of my own paper and real trading). Remember that each market/asset/commodity has different soft spots so tweaking, backtesting and present accuracy review should be of maximum priority. Bull Market expansion phase Warning: The indicator purposely does not show any signals during bear markets. It is my opinion bear markets complexity render this tool close to useless. It was designed to be used in higher timeframes, tough it SEEMS to have a good track record / be useful in lower timeframes. it will ALWAYS give a fake signal at the end of a bull market because of the very nature of the code. It is based of EMAs, RSI and Stochastic Candlestick Patterns Bullish candlestick patterns: Hammer Inverted Hammer Dragonfly Gravestone Bearish candlestick pattern: Shooting Star Hanging Man Gravestone Dragonfly RSI divergence drive - Credit to Libertus for the base code of this section The green triangle means there are at least 2 drives of valid divergence, yellow for 3 and red for 4+. The script shows triangles when confirmation candle closes. You need to know how divergence works to use this section. investopedia can easily get you there. For cryptos I use 2-4h+ timeframes, for traditional markets I use 15min+ for forex I use it basically in every timeframe. For questions/suggestions and access PM me in the platform itself and don't forget -> FEEDBACK IS IMPORTANT Thank you all
Indicatore Pine Script®
di gazur
16
MyAlgoPLEASE READ THE ENTIRE POST BEFORE PURCHASING & USING THE MyAlgo Tool. Saves you and me some time in emails and messages. :) This is the official version of MyAlgo PLEASE UNDERSTAND THAT THIS IS A DIFFERENT AND SEPARATE PRODUCT AND SCRIPT FROM "MyAlgo SLIM" FROM THE MyAlgo TRADING TOOL SERIES Description Buy & Sell Alerts can be set on all Tickers. This includes, but is not limited to Crypto, Commodities , FOREX, Equities and Indices. Also all candle Types are compatible. Recommended Time-frames - Due to the complexity of MyAlgo-SLIM the user has a choice between three algorithms and is like that able to trade on all timeframes with the highest returns. MyAlgo combines many different aspects at the same time, scans multiple other Algorithms and comes to a conclusion based on over 1350 lines of code. It is based on Divergences, Elliott Waves , Ichimoku , MACD , MACD Histogram, RSI , Stoch , CCI , Momentum, OBV, DIOSC, VWMACD, CMF and multiple EMAs. Every single aspect is weighted into the decision before giving out an indication. Most buy/sell Algorithms FAIL because they try to apply the same strategy to every single chart, which are as individual as humans. To conquer this problem, MyAlgo has a wide range of settings and variables which can be easily modified. To make it a true strategy, MyAlgo has as well settings for Take Profit Points and Stop Losses. Everything with an Alert Feature of course so that FULL AUTOMATION IS POSSIBLE. I know from experience that many people take one Algorithm and are simply too LAZY to add multiple Algorithms to make a rational choice. The result of that is that they lose money, by following blatantly only one Algorithm. MyAlgo has additional 15 Indicators, perfect for all markets, which can be turned on and off individually. Side Notes MyAlgo is being updated and upgraded very frequently to suit the requests of our customers. This is not financial advice. Please read our disclaimer before using. Anything below this sentence will be Updates regarding MyAlgo
Indicatore Pine Script®
di KongTrading
6
MyAlgo-SLIMPLEASE READ THE ENTIRE POST BEFORE PURCHASING & USING THE MyAlgo-SLIM Tool. Saves you and me some time in emails and messages. :) This is the official version of MyAlgo-SLIM Description Buy & Sell Alerts can be set on all Tickers. This includes, but is not limited to Crypto, Commodities , FOREX, Equities and Indices. Also all candle Types are compatible. Recommended Time-frames - Due to the complexity of MyAlgo-SLIM the user has a choice between three algorithms and is like that able to trade on all timeframes with the highest returns. MyAlgocombines many different aspects at the same time, scans multiple other Algorithms and comes to a conclusion based on over 1350 lines of code. It is based on Divergences, Elliott Waves , Ichimoku , MACD , MACD Histogram, RSI , Stoch , CCI , Momentum, OBV, DIOSC, VWMACD, CMF and multiple EMAs. Every single aspect is weighted into the decision before giving out an indication. Most buy/sell Algorithms FAIL because they try to apply the same strategy to every single chart, which are as individual as humans. To conquer this problem, MyAlgo has a wide range of settings and variables which can be easily modified. To make it a true strategy, MyAlgo has as well settings for Take Profit Points and Stop Losses. Everything with an Alert Feature of course so that FULL AUTOMATION IS POSSIBLE. I know from experience that many people take one Algorithm and are simply too LAZY to add multiple Algorithms to make a rational choice. The result of that is that they lose money, by following blatantly only one Algorithm. MyAlgo has additional 15 Indicators, perfect for all markets, which can be turned on and off individually. Side Notes MyAlgo is being updated and upgraded very frequently to suit the requests of our customers. This is not financial advice. Please read our disclaimer before using. Anything below this sentence will be Updates regarding MyAlgo-SLIM
Indicatore Pine Script®
di KongTrading
2
RIVA KELLER CCI and BB 1HCriei este indicador com a finalidade de ajudar iniciantes no mercado a encontrarem os ponto de entrada e exaustão. Pontos de entrada irão aparecer no indicador como "COMPRAR'' ou ''VENDER'', com o histograma na cor verde ou vermelha. Regiões de exaustão irão aparecer no histograma em amarelo(sobrecompra) e azul (sobrevenda). Indicador pronto para ser utilizado no mercado Forex em tempo gráfico de 1H, take profit sugerido de 100pips e stop loss máximo de 250pips. Recomendo analisar o gráfico com uma bollinger Bands de 20 períodos, com desvio de 2.0, sempre entrando quando o preço estiver dentro das bandas, com stop loss na banda superior se a operação for de venda e stop loss na banda inferior se a operação for de compra. I created this indicator with the purpose of helping beginners in the market to find the entry and exhaustion points. Entry points will appear on the indicator as "BUY '' or '' SELL '', with the histogram in green or red. Exhaustion regions will appear in the histogram in yellow (overbought) and blue (oversold). Indicator ready to be used in the Forex market in 1H chart time, suggested take profit of 100pips and maximum stop loss of 250pips. I recommend analyzing the chart with a 20-period bollinger band, with a deviation of 2.0, always entering when the price is within the bands, with stop loss in the upper band if the operation is for sale and stop loss in the lower band if the operation is for purchase.
Indicatore Pine Script®
di Rivinha
1
Divergence Histogram for Many IndicatorHello Traders, This script analyses divergences for 11 predefined indicators and then draws column on the graph. Red columns for negatif divergence (means prices may go down or trend reversal), Lime columns for positive divergences (means prices may go up or trend reversal) The script uses Pivot Points and on each bar it checks divergence between last Pivot Point and current High/Low and if it finds any divergence then immediately draws column. There is no Latency/Lag. There are predefined 11 indicators in the script, which are RSI , MACD , MACD Histogram, Stochastic , CCI , Momentum, OBV, Diosc, VWMACD, CMF and MFI. Smaller Pivot Point Period check smaller areas and if you use smaller numbers it would be more sensitive and may give alerts very often. So you should set it accordingly. There is "Check Cut-Through in indicators" option, I recomment you to enable it. it checks that there is cut-through in indicators or not, if no cut-through then it's shown as valid divergence. You should see following one as well if you haven't yet: Enjoy!
Indicatore Pine Script®
di LonesomeTheBlue
40
ALLinBull&Bear v9.0 STRATEGYEach of my Allin Custom Indicators combined, ads to your understanding where the Market could go next. Each of them have their own purpose and set of rules. You will weight gathered information to get a better understanding of when to ENTER or EXIT a position (SHORT or LONG). 
First you need to find the right Indicator Settings and the best preforming TimeFrame for chosen crypto or fiat pair. You will do that with a "STRATEGY" Indicator. I chose either 3min TF for highly liquid assets or 15min TF for assets of low liquidity but you can choose whatever you want to up to 30min TF. 

 Do not stop until you find 80% or more Precent Profitable result (test different setting on different TF for best results) in Strategy Tester. You can backtest your Strategy with different settings and in different TimeFames to find the very best results for that pair. 
 BACKTESTING past results does not guarantee your future results. BACKTESTING is used to fine-tune your indicator. 
Example: with a guitar tuner (Strategy Tester in our case) you fine-tune your guitar (our Indicators in our case) so you know what tone the guitar will produce when you hit a certain note ("in-tuned" visual interpretation of the Market in our case). It is normal to get a 100% Precent Profitable result from backtesting with very little Drawdown. More than 80% and low drawdown usually means Indicators is "in-tune". CUSTOM INDICATOR TYPE: STRATEGY 
 SETUP There are five different settings. To use them efficiently you need to understand what is their purpose and meaning.  "2nd", "3rd" and "4th" FIELD All of my custom indicators use data from 4 different TimeFrames. First TimeFrame is the one you picked in TradingView. Now you need to set up the other three TimeFrames. To do that you need to click on the "Settings" icon on this indicator and change the "2nd", "3rd" and "4th" field. The preferred setting I use to start searching for the best performing set of Settings is 2-8-32 OR 3-9-27 OR 4-16-64 OR 5-20-80. Those numbers are multiplication of chosen TimeFrame. 
Example: setting 2-8-32 on a 5-minute TimeFrame means it will gather data from 5min TF, 10min TF (5minX2), 40min TF (5minX8) and 160min TF (5minX32). Smoother FIELD This Field is used to average down all that data indicator it is gathering from the price chart. I use integers like for example 9, 18, 27, and any number in between. It is connected to volatility. High Volatility needs Low Number and vice versa. Threshold FIELD This Field is used to cancel down all the mini signal confirmations that are false due to an insignificant influence on future price movements. This number is usually best at 21. When you set all other Fields and get satisfying results you can still try and fine-tune it even more and get even better results. HOW TO USE IT First, you have to choose your TimeFrame. I choose either 3min TF for highly liquid assets and 15min TF for assets of low liquidity but you can choose whatever you want to up to 30min TF. Example: if you chose 30min TimeFrame and you fill the "4th" Field with the number "80", one of observed TF by the indicator will be "30minX80" or "2400min" or "40h" TimeFrame, so it is HUGE. It always depends based on the nature of the actual pair you are looking at. If it is very volatile with a lot of volume, the market beat for this pair settings is very different from another pair with for example very little volume and low volatility. So you need to find the right Indicator Settings at the right TimeFrame for each pair you are following. You are basically tuning your Indicator like you would tune your guitar so you know what to expect before hitting those "strings" of yours. 
Find the best performing setting and TimeFrame with help from a TradingView feature called "Strategy Tester". Get familiar with this feature. But rule of thumb is: everything more than 80% Precent Profitable result with Max Drawdown (negative yield from the worst closed position) lower or similar to AvgTrade is considered good enough tuning of my Indicators.  
You need to reevaluate your best setting whenever your last trade gets a negative result or something big (whale manipulation) happens on the market. You need to re-tune your Indicator so it will be in tune with the Market again. Check and try to find better performing (better Precent Profitable result, lower Drawdown) settings periodically every few days to find your best yielding results.
 
 CUSTOM INDICATOR: BULL&BEAR HOW TO READ IT WHITE WAVY LINE AND TWO HORIZONTAL WHITE LINES  With this one just follow the existing rules when exiting an oversold or overbought area as in RSI,CCI or SRSI indicator. When combining with the signal colored lines in the background it then makes better sense if it is a false signal and it will turn back or it is the right signal and it will exit the oversold or overbought area and advance in that direction. IN THE BACKGROUND: NINE COLORED LINES Rule of thumb here is the more GREEN LINES you see the more LONG/BUY the Signal is and vice versa. It helps to look at those lines a few hours back to get the "feel" where the market is pushing the price. First (1), second (2) and seventh (7) line are the most important lines and they have to be aligned and prevailed in the same color to get a viable signal but it still needs to be confirmed with other Signals.  
Before making any decisions based on visualisation you should refresh the page. Indicator is very data sensitive and needs that very last data for the most accurate visual representation of the Market. 

Strategia Pine Script®
di igorbanker
ALLinOscillator v3.0 STRATEGYEach of my Allin Custom Indicators combined, ads to your understanding where the Market could go next. Each of them have their own purpose and set of rules. You will weight gathered information to get a better understanding of when to ENTER or EXIT a position (SHORT or LONG). 
First you need to find the right Indicator Settings and the best preforming TimeFrame for chosen crypto or fiat pair. You will do that with a "STRATEGY" Indicator. I chose either 3min TF for highly liquid assets or 15min TF for assets of low liquidity but you can choose whatever you want to up to 30min TF. 

 Do not stop until you find 80% or more Precent Profitable result (test different setting on different TF for best results) in Strategy Tester. You can backtest your Strategy with different settings and in different TimeFames to find the very best results for that pair. 
 BACKTESTING past results does not guarantee your future results. BACKTESTING is used to fine-tune your indicator. 
Example: with a guitar tuner (Strategy Tester in our case) you fine-tune your guitar (our Indicators in our case) so you know what tone the guitar will produce when you hit a certain note ("in-tuned" visual interpretation of the Market in our case). It is normal to get a 100% Precent Profitable result from backtesting with very little Drawdown. More than 80% and low drawdown usually means Indicators is "in-tune". CUSTOM INDICATOR TYPE: STRATEGY 
 SETUP There are five different settings. To use them efficiently you need to understand what is their purpose and meaning. 
 "2nd", "3rd" and "4th" FIELD All of my custom indicators use data from 4 different TimeFrames. First TimeFrame is the one you picked in TradingView. Now you need to set up the other three TimeFrames. To do that you need to click on the "Settings" icon on this indicator and change the "2nd", "3rd" and "4th" field. The preferred setting I use to start searching for the best performing set of Settings is 2-8-32 OR 3-9-27 OR 4-16-64 OR 5-20-80. Those numbers are multiplication of chosen TimeFrame. 
Example: setting 2-8-32 on a 5-minute TimeFrame means it will gather data from 5min TF, 10min TF (5minX2), 40min TF (5minX8) and 160min TF (5minX32). Smoother FIELD This Field is used to average down all that data indicator it is gathering from the price chart. I use integers like for example 9, 18, 27, and any number in between. It is connected to volatility. High Volatility needs Low Number and vice versa. Threshold FIELD This Field is used to cancel down all the mini signal confirmations that are false due to an insignificant influence on future price movements. This number is usually best at 21. When you set all other Fields and get satisfying results you can still try and fine-tune it even more and get even better results. HOW TO USE IT First, you have to choose your TimeFrame. I choose either 3min TF for highly liquid assets and 15min TF for assets of low liquidity but you can choose whatever you want to up to 30min TF. Example: if you chose 30min TimeFrame and you fill the "4th" Field with the number "80", one of observed TF by the indicator will be "30minX80" or "2400min" or "40h" TimeFrame, so it is HUGE. It always depends based on the nature of the actual pair you are looking at. If it is very volatile with a lot of volume, the market beat for this pair settings is very different from another pair with for example very little volume and low volatility. So you need to find the right Indicator Settings at the right TimeFrame for each pair you are following. You are basically tuning your Indicator like you would tune your guitar so you know what to expect before hitting those "strings" of yours. 
Find the best performing setting and TimeFrame with help from a TradingView feature called "Strategy Tester". Get familiar with this feature. But rule of thumb is: everything more than 80% Precent Profitable result with Max Drawdown (negative yield from the worst closed position) lower or similar to AvgTrade is considered good enough tuning of my Indicators.  
You need to reevaluate your best setting whenever your last trade gets a negative result or something big (whale manipulation) happens on the market. You need to re-tune your Indicator so it will be in tune with the Market again. Check and try to find better performing (better Precent Profitable result, lower Drawdown) settings periodically every few days to find your best yielding results.
 CUSTOM INDICATOR: OSCILLATOR 
 HOW TO READ IT GREEN AREA on the bottom and RED AREA on top are just like the oversold or overbought areas in RSI, CCI or SRSI and uses the same principle.  Example: when a WHITE wave line crosses-UP WHITE horizontal line in GREEN area it means that it is a LONG/BUY signal/confirmation. It needs to be confirmed with other confirmation signals in that same Indicator on in a "BULL&BEAR" Indicator to get better understanding that the price would not turn back down due to a false price move in UPWARDS direction. GREEN or RED OSCILLATOR WAVE AREAS indicates the direction price is going and how strong the "force" behind the price move is.  Example: if WHITE LINE is over the RED/GREEN LINE the area turns GREEN and it is a LONG/BUY signal. When a shadow color is on the OTHER SIDE that means it is an added confirmation for a LONG/BUY position. When a SHADOW AREA is over the GREEN AREA and turns RED it usually means there are still forces pulling the price down. Before making any decisions based on visualisation you should refresh the page. Indicator is very data sensitive and needs that very last data for the most accurate visual representation of the Market. 

Strategia Pine Script®
di igorbanker
Borjas Tarh Momentum-- Borjas Tarh Momentum -- One of the most powerful Momentum Oscillators . Can be used for Scalping, Swing and Trend Trading. Mixture of two Indicators: 1. Borjas Tarh Trender 2. Borjas Tarh Ranger And most of all other oscillators. This indicator has 3 main lines: Fast , Slow , Heavy . There is a Divergence Detector on Fast line. Also there is a Background Color Warnings which shows the circumstances of basic mixture of other oscillators ( RSI,Stochastic,CCI,WTI,... ). © mrhashem © Borjas Tarh Company
Indicatore Pine Script®
di rhawshemi
4